Nordstrom cut Ivanka Trump’s clothing line, President Trump tweeted about it (and how unfair it was), and it caused a media firestorm. Retail became political fast, on a decision that was, in all likelihood, not politics based. Most retailers exist on (razor) thin margins and the last thing they can afford is to carry inventory that’s not selling, which ties up money and (eventually) results in losses if the merchandise acquired is end of life.
Moreover, it doesn’t matter how well the product line may be doing overall, it matters how well it is doing for the retailer that chooses to carry it. Sometimes a product line increasing in demand flounders at a retailer for various reasons. If most of the consumers who want the product do not live near the retailer, if the retailer does not carry the hot items at the right time, or if the retailer can’t effectively promote the line, it will flounder. And the retailer, due to lack of demand through its stores, needs to make the decision to drop it before they lose money.
It’s yet another example of a statement that illustrates an apparent lack of understanding about the intricacies of supply and demand. It’s even caused people to ask:
But, as the doctor tweeted in response, who would be up to that challenge?
After watching the last episode of Last Week Tonight, he thinks he has the answer.
Just look at how simplistic his Last Week Tonight show team make a number of issues in the commercials that they specifically developed for Mr. Trump.